Quaint Oak Bancorp, Inc. filed a Form 8-K on October 27, 2026, reporting third-quarter operating results and disclosing a Board-approved program to repurchase or redeem up to $5.0 million in aggregate principal amount of its 11.00% Fixed Rate Senior Unsecured Notes due 2028.

Key Highlights

  • Note repurchase program authorized: The Board approved repurchase or redemption of up to $5.0 million aggregate principal of the company's 11.00% Fixed Rate Senior Unsecured Notes due 2028.
  • Program commencement date: The 2026 Program is set to commence on October 30, 2026, according to the filing.
  • Total outlay cap: Up to $5.1 million may be used under the 2026 Program, inclusive of accrued but unpaid interest on the Senior Unsecured Notes.
  • No commitment to repurchase: The filing states the 2026 Program "does not commit the Company to repurchase or redeem any of its Senior Unsecured Notes."
  • Board discretion to discontinue: The 2026 Program "may be discontinued at any time at the discretion of the Board," according to the filing.
  • Q3 2026 results reported: The company reported results of operations for the third quarter ended September 30, 2026, with details provided in a press release attached as Exhibit 99.1.

Quaint Oak Bancorp Discloses Senior Unsecured Note Repurchase Program and Q3 2026 Results

Quaint Oak Bancorp, Inc., a Pennsylvania-based bank holding company, filed a current report on October 27, 2026, covering two separate items. Under Item 8.01, the company disclosed that its Board of Directors approved the 2026 Program, authorizing the repurchase or redemption of an aggregate principal amount not to exceed $5.0 million of its 11.00% Fixed Rate Senior Unsecured Notes due 2028. The program is scheduled to begin on October 30, 2026.

According to the filing, up to $5.1 million in total may be deployed under the 2026 Program, which includes accrued but unpaid interest on the notes. Purchases may be executed "in open market transactions at prevailing market prices, in privately negotiated transactions or by other means in accordance with federal securities laws," the filing states. Management retains discretion over the timing and size of any purchases, which the filing says will depend on factors including the company's capital position, liquidity, financial performance, alternate uses of capital, the market price of the Senior Unsecured Notes, and general market and economic conditions.

Under Item 2.02, the company reported its results of operations for the third quarter ended September 30, 2026. Those results are contained in a press release dated October 27, 2026, attached as Exhibit 99.1 and incorporated by reference. The filing notes that the press release "is being furnished to the SEC and shall not be deemed to be 'filed' for any purpose except as otherwise provided herein." The 8-K was signed by John J. Augustine, Executive Vice President and Chief Financial Officer. The company's securities registered under Section 12(b) of the Act are listed as "None" in the filing's registered-securities table.

What Was Disclosed

Quaint Oak Bancorp disclosed a Board-approved program to repurchase or redeem up to $5.0 million of its 11.00% Senior Unsecured Notes due 2028, commencing October 30, 2026, and separately reported third-quarter 2026 operating results via an attached press release.